3650 Shelby DrMemphis, TN 38118

  • Industrial properties
  • 122,460 SF
For Lease

Property Details for 3650 Shelby Dr

Year built
1997
Lot size
6.54 AC
Property size (Sq ft)
122,460 SF
Zone code
CMU-1
Property type
Industrial properties
Property subtype
Other warehouses
APN
073-102- - -00117-C
APU
07310200117C

Description

This exceptional industrial property, located at 3650 E Shelby Dr, Memphis, TN 38118, offers a substantial 330,523 square feet of warehouse and distribution space in a single-tenant configuration. Situated in Shelby County, this facility boasts impressive features including 40 dock-high doors and 3 grade-level doors (measuring 12ft x 14ft each), ensuring efficient loading and unloading operations. The warehouse features varying ceiling heights ranging from 22 to 32 feet, providing flexibility for diverse storage needs. A significant advantage is the inclusion of a 7,400 square foot area specifically designed for sensitive goods. The property has undergone recent upgrades, including the installation of new LED lighting, enhancing energy efficiency and operational costs. Safety is prioritized with an ESFR sprinkler system installed throughout. Partial climate control is available, and the entire property is secured by a fully gated perimeter. This rare, large-scale vacancy presents a unique opportunity for businesses seeking a strategically located, well-equipped distribution center in the Memphis market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $20,196,218
    Hospitality
    $18,499,626
    Educational
    $15,391,472
    Medical
    $15,920,809
    Retail
    $23,942,290
3650 Shelby Dr, Memphis, Tennessee

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0218
Longitude
-89.9419
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$110,824
$105,040
$1,714,240
$1,819,280
-
$262,600
$4,285,600
$4,548,200

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